FARBER JEFFREY M 4
4 · HANOVER INSURANCE GROUP, INC. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Hanover (THG) EVP Jeffrey Farber Receives Equity Awards
What Happened
- Jeffrey M. Farber, Executive Vice President of Hanover Insurance Group (THG), was granted/acquired a total of 25,754 equity units on Feb 24, 2026. The filing shows three restricted/ performance-based restricted stock unit (RSU/PBRSU) awards of 5,043; 3,250; and 3,025 units, plus a 14,436-unit derivative award. All items were reported as acquisitions at a $0 per-share price (i.e., awards/grants rather than market purchases).
Key Details
- Transaction date reported: February 24, 2026; Form 4 filed Feb 26, 2026 (within the typical 2-business-day reporting window).
- Awards reported (total = 25,754 units): 5,043; 3,250; 3,025; and 14,436 units — all recorded as grants/acquisitions at $0.00.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes of note:
- F1: The 5,043 units are PBRSUs granted Feb 27, 2023 tied to a three‑year adjusted ROE metric; the performance result was certified at 150% on Feb 24, 2026. These remain subject to time‑based vesting and will vest Feb 27, 2026.
- F2: The 3,250 units are PBRSUs granted Feb 27, 2023 tied to three‑year relative TSR; performance certified at 100% on Feb 24, 2026 and will vest Feb 27, 2026 (time‑based vesting remains).
- F3: The 3,025 units are restricted stock units that vest on the third anniversary of the grant.
- F4: The 14,436 derivative units relate to option-style awards that vest one‑third on each of the first three anniversaries of the grant date.
- No 10b5‑1 trading plan, tax‑withholding sale, or late‑filing indication appears in the provided details.
Context
- These are grants/awards (not open‑market purchases or sales). Performance‑based RSUs (PBRSUs) had their performance results certified on Feb 24, 2026 — one PBRSU payout was increased to 150% of target and another certified at 100% of target; both remain subject to the final time vesting date (Feb 27, 2026).
- The derivative line refers to option-like awards that vest over time (per footnote); the filing does not indicate any immediate sale of vested shares or cashless exercise.
- For retail investors: awards are routine executive compensation and do not necessarily signal an immediate bullish or bearish view by the insider. They do, however, increase the insider’s future stake if they vest and are not sold.
Insider Transaction Report
Form 4
FARBER JEFFREY M
Executive Vice President
Transactions
- Award
Common Stock
[F1]2026-02-24+5,043→ 50,948.205 total - Award
Common Stock
[F2]2026-02-24+3,250→ 54,198.205 total - Award
Common Stock
[F3]2026-02-24+3,025→ 57,223.205 total - Award
Common Stock Option (right to buy)
[F4]2026-02-24+14,436→ 14,436 totalExercise: $173.56Exp: 2036-02-24→ Common Stock (14,436 underlying)
Footnotes (4)
- [F1]On February 27, 2023, the Reporting Person was granted performance-based restricted stock units ("PBRSUs") pursuant to the Issuer's 2022 Long-Term Incentive Plan ("2022 LTIP"). These PBRSUs were subject to a performance-based vesting condition related to three-year average adjusted return on equity and a time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 24, 2026, the performance condition for this award was certified at 150% of the target award (as adjusted for accumulated dividend equivalent rights). This award remains subject to the time-based vesting condition and will vest on February 27, 2026.
- [F2]On February 27, 2023, the Reporting Person was granted PBRSUs pursuant to the Issuer's 2022 LTIP. These PBRSUs were subject to a performance-based vesting condition related to three-year relative total shareholder return and a time-based vesting condition, and also provided for the accumulation of dividend equivalent rights. On February 24, 2026, the performance condition for this award was certified at 100% of the target award (as adjusted for accumulated dividend equivalent rights). This award remains subject to the time-based vesting condition and will vest on February 27, 2026.
- [F3]Grant of restricted stock units under the Issuer's 2022 LTIP. Such units vest on the third anniversary of the date of grant.
- [F4]Such options vest as to one-third of the shares on each of the first three anniversaries of the grant date.
Signature
/s/ Lindsay L. Katz pursuant to Confirming Statement|2026-02-26